December 3, 2021

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FSU now owns Bronco Square Center and plans to expand school’s impact

Fayetteville State University announced a $5 million acquisition of Bronco Square Shopping Mall on Tuesday, in addition to a new entrepreneurial hub, free-standing Chick-fil-A and a Starbucks on campus.

Chancellor Darrell Allison announced the university’s purchase and expansion at a “Changing of the Keys” ceremony in Bronco Square’s parking lot and said the school now owns 100% of the shopping center debt-free.

“We want to play our part in this city, in this region, in this county so that we can, too, be a more viable partner here,” Allison said. “As Fayetteville State grows, so does Fayetteville, so does Cumberland County, so does this region.”

The university used to own 50% of the shopping mall and Gary Ciccone, a former Fayetteville lawyer, owned the other half. Ciccone also donated $150,000 to the university at the event.